Commercial space in Melville

R 2 800 000

Ricky Ferreira

Lencar Exclusive Properties

Commercial space in Melville

R 2 800 000

Address: 4 5th
1 Baths
Land Area 743 m² Rates R 756

Investment opportunity!!!

This property is situated in Melville in Johannesburg.

The property consists of 11 Flatlets and currently brings in a rental of R 4500 per flatlet.

Perfect as student accommodation, ideally situated close to major universities.

The property also has a solar geyser.

Properties:

ERF size: 743 SQM's

Rates and taxes: R 756.00

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Key Property Features

1
Bathrooms
1
Open Parkings

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Interest at 7.25% for 20 years
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Experience Northcliff

Northcliff is one of the older, more established areas in Johannesburg. It is highly sought-after by those looking for a tranquil and exclusive lifestyle. The properties on Northcliff Hill have large grounds with well established park-like gardens. Newer developments in the extensions to the West cater to the younger generation with a taste for modern architecture. There is a distinct lack of industry and commercial blocks. For those who seek the sparkle of entertainment or the outdoors, it is less than half an hour from top spots like the Lion Park, the Cradle of Humankind and the buzz and dazzle of Monte Casino and Silverstar Casino.

Find out more about Northcliff

Commercial space in Melville

R 2 800 000

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